This section shows Collective Investment Vehicles. This is the general term for all forms of fund or trust instrument.

Line	Term	Definition	Synonym
1	Accumulating Share Class	A share class in which there is no option to reinvest. Further Notes: This fact would be determined by the fund unit having a specific Fund Distribution Policy of Accumulating.
4	Asset Class Strategy	Strategy which is asset class based.
6	identifies
7	Auditor	The party that is in charge of examining and verifying a fund's financial and accounting records as well as supporting documents and fulfilment of legal requirements.
9	Benchmark	A reference index used to measure fund performance.
10	identified as	The parameter used as the benchmark.
11	Bricks And Mortar Holding	A holding of built property.	real estate.
13	takes form of	Holding is of some built property.
14	Common share in fund	A share unit in a fund, which is classified as a Common Share class.
17	Currency Strategy	Strategy which is currency based.
19	Currency	Currency of the investment.
20	Debt Stake In Fund	A stake held in a fund by way of a Bond Unit.
22	defines relationship with	The relationship with the legal entity which embodies the fund, implied or defined by a debt stake in the fund.
23	Distributing Share Class	Share class in which income is or may be reinvested in the fund.
26	Holder May Reinvest	Whether or not the holder may reinvest dividends in the fund.
27	Equity Asset	The holding of equity securities in a portfolio.
29	identity	The Equity Asset is a Share.
30	Equity Fund	A fund which invests in at least 85% shares.
32	contains	The portfolio of the Equity Fund.
33	Equity Portfolio	A portfolio which has at least 85% exposure to shares.
35	holds	Holding is of equity assets.
36	Equity Stake In Fund	A stake held in a fund by way of a Share Class Unit.
38	defines relationship with	The relationship with the legal entity which embodies the fund, implied or defined by an equity stake in the fund.
39	Fund	Distinct pool of financial instruments managed by a single investment policy.	Sub fund when part of umbrella.
41	advised by	The party that provides investment guidance at a fee.
42	distributed by	The entity through which a fund may be bought by or for an investor. This may be on a discretionary or advisory basis, or as an execution-only service.
43	has unit issuer
44	has objective	The aim of the Fund e.g outperfom a given benchmark. Stated in prospectus.
45	has additional information	Things which are not part of the prospectus or contractual terms but are important if you want to understand the fund.
46	has data provider	The party which supplies market data to the fund.
47	determines	Fees incurred by the investor as set out by the Fund.
48	promoted by	The entity that promotes the fund. May be an investor, pension fund, bank, insurance company or management company
49	has auditor	The party that is in charge of examining and verifying a fund's financial and accounting records as well as supporting documents.
50	domicile	The country of domicile of the fund.
51	has depository	The party that holds and safeguards holdings owned by a fund. It is also responsible for compliance of the portfolio with legal ratios etc.
52	has legal form	legal form of the fund, eg Joint Stock Company, SPV etc.
53	has accounting information	Accounting information related to the investment fund.
54	identification	Identification of the investment fund.
55	has management company	The party that sets up the fund, decides the investment strategy, appoints the agents, and is responsible for the promotion and the marketing of the fund. It makes all of the important decisions related to the fund. Also called fund promotor or fund sponsor. This is a dupliucate of Fund Management Company at the moment
56	has accountant	The party that keeps accounting records of the available assets and liabilities of the Fund. It calculates dealing prices, the Net Asset Value (NAV) of the Fund, and may provide fund performance and tax data. Can be subcontracted by the FundAdministrator.
57	legally recorded in	Definition needed if this term is real. It was added to diagram during reviews but contradicts another term for fund unit registration jurisdiction. Review note: Legally Recorded jurisdiciton intended to be for Fund Unit. Is this redundant? Also "Country of Origin" referred to elsewhere in EFAMA DD but does not exist as a term on its own (possibly obscured by the apparent meaning of Fund Jurisdiction). This exists in FIBIM as "domicile" with the definition "The country of domicile of the fund.". However, that itself might be ythe domicile of the business entity??
58	type of fund	The category of the fund according to the asset class.
59	has performance determination method	The performance determination method used for this Fund.
60	has overall policy	Fund has overall policy restrictions with regard to what can be invested, amounts in vested and so on. These are picked up and implemented in the Portfolio detailed poiicy.
61	has transfer agent	The entity that undertakes the execution of subscription, redemption and switch orders on behalf of the fund.
62	has tradable unit	A unit which may be held by an investor and which gives them a stake in the fund.
63	has portfolio
64	denomination currency	Denomination Currency of the fund - Currency in which the fund unit is issued or redenominated and the currency of the NAV calculation.
65	administered by	The party in charge of financial accounting, NAV calculation, management and performance fee calculation. Can also be in charge of orders centralisation and registration.
66	has subscription terms	Subscription terms for the fund.
67	has terms	The fund has Formal terms for processing of the fund. These set out what the investor and the fund may or may not do.
68	supervised by	The legal entity which supervises the fund or fund industry
69	has
70	Name	Name of the investment fund.
71	Sub Fund	Whether the investment fund is a subfund, when it is a compartment of an umbrella fund. If so, subfund is a synonym of investment fund and therefore has the same attributes as investment fund.
72	Closed Fund	Closed to new investors. So an existing investor can buy new shares.
73	Closed End Fund	Closed to new investments. So there are a fixed number of units. May be open or closed to new units being issued (whether or not the units can be traded).
74	Distribution Policy	Income policy relating to a class type, ie, if income is paid out or retained in the fund.
75	Inception Date	Authorization date in the country of origin.
76	Fund Structure	Structure of the subfund, eg, single fund, multi-class.
77	Product Group Description	Company specific description of a group of funds.
78	First NAV Calculation Date	The first date of NAV calculation
79	Launch Date	Date of first NAV calculation and start of performance calculations
80	Registration Date	The date at which the fund is legally approved in a country other than the country of origin.
81	Fund Accountant	The party that keeps accounting records of the available assets and liabilities of the Fund. It calculates dealing prices, the Net Asset Value (NAV) of the Fund, and may provide fund performance and tax data. Can be subcontracted by the FundAdministrator.
83	Fund Administrator	Entity that has to fulfil the legal and supervisory requirements of the fund. Responsible for all the business purposes around the investment pool, and so is reponsible for the issuing of the shares.
85	identified as	The business entity which fulfils the role of Fund Administrator
86	may be	The unit issuer would be the fund administrator (except when it is a Bond).
87	Fund Bond Class Unit	A fund unit which takes the form of debt in that fund.
89	has distributiojn policy	Income policy relating to the unit, e.g. if income is paid out or retained in the fund and how this is treated.
90	has expected coupon	A fixed coupon paid out to holders of the Fund Bond Unit.
91	sets out terms for	The debt in the Fund, in which the holder of the Fund Bond Unit holds a portion. The unit sets out terms for this debt including terms for repayment and the payment of interest.
92	Fund Bond Unit Coupon	A fixed coupon paid out to holders of the Fund Bond Unit.
94	has policy terms	Terms for the expected distributions of coupon.
95	Fund Cash Distribution Policy	Policy for distribution of cash dividends or notes in the event that the fund units have a distribution policy of "Cash" rather than "Reinvestment".
97	Fund Classification	The category of the fund according to the asset class. This is a published code by which the Fund is classified.
99	classifies	A fund classified by the Classification Scheme.
100	Fund Classification Scheme	A published scheme for the category of a fund according to the asset class.
102	defines	The classification as defined in this Scheme.
103	Fund Coupon Policy	Terms for the expected distribution of bond unit coupons.
105	Coupon Payment Frequency	The frequency with which income is allocated (or deemed to be allocated) to investors (eg. six-monthly, yearly, etc).
106	Coupon Payment Date	The date at which the coupon is distributed to the bond unit holder.
107	Ex Coupon Date	The date at which the coupon is substracted from the NAV
108	Fund Data Provider	A party which supplies market data to a fund.
110	identified as	The business entity which fulfils the role of Data Provider for the Fund
111	Fund Debt	Debt issued by a Fund.
113	Fund Depositary	The party that holds and safeguards holdings owned by a fund. It is also responsible for compliance of the portfolio with legal ratios etc.
115	provides depositary service for	Provides depositary services for the Fund Unit.
116	Fund Distribution Policy	The overal diustribution policy or policy limitations for the fund itself.
118	Fund Distributor	an entity through which a fund may be bought by or for an investor. This may be on a discretionary or advisory basis, or as an execution-only service.
120	Fund Dividend Policy	Terms for the expected distributions of dividends.
122	Dividend Payment Frequency	The frequency with which income is allocated (or deemed to be allocated) to investors (eg. six-monthly, yearly, etc).
123	Dividend Payment Date	Day and month on which the dividends would normally be paid.
124	Ex Div Date	The date at which the dividend is substracted from the NAV
125	Fund Equity	A share or proportion of the capital gains in a fund.
127	represents an interest in
128	Fund Investment Objective	The aim of a Fund e.g outperfom a given benchmark.
130	stated in	The fund objective is stated in the Fund Prospectus, e.g outperfom a given benchmark.
131	Stated Investment Aim	The stated aim of the Fund in words, e.g outperfom a given benchmark.
132	Intended Risk Level
133	Fund Investment Policy	The policy within which the fund acts in order to achieve the stated fund objectives.
135	constrains	The overall Fund investment policy imposes constraints on the investment strategy for the Fund Portfolio.
136	stipulates benchmark	The benchmark identified in investment policy.
137	defines
138	Fund Investment Restrictions Set	Limitations that apply to the fund as a whole, such as risk factors. these are used to determine whether the fund is appropriate for a given type of investor to invest in.
140	is part of
141	Percentage invested	The percentage of funds that is to be invested at any given time.
142	Type of Securities	The type of securities or other holdings that may be invested in.
143	Minimum Rating Restriction	The minimum rating of securities to be invested in.
144	Tracking error	See RiskFactors narrative in EFAMA DD
145	Value At risk	See RiskClassification_NameOf in EFAMA DD Applies to Fund not Portfolio.
146	Fund Investor	A party which invests in the Fund. It does this by holding some tradable unit (which represents some stake) in that fund.
148	is unit holder	A Fund Unit whic hthe party holds, whereby it has an interest (investment) in that Fund.
149	incurs tax	Tax applicable to the Fund Investor.
150	incurs fees	The investor pays a fee for holding the unit.
151	Fund Legal Contract	For a fund which is constituted under the law of contract, the contract that embodies the fund legal form.
152	embodies	The constitution or articles that define the fund. These are embodied in the Contract.
153	Fund Legal Form	The legal form of the fund, eg Joint Stock Company, SPV etc.
155	identified as	The legal form which is the legal form of the fund.
156	Fund Legal Form Documentation	For a fund which is constituted under the law of contract, the constitution or articles that define the fund. These are embodied in a Contract.
158	Fund Management Company	The party that sets up the fund, decides the investment strategy, appoints the agents, and is responsible for the promotion and the marketing of the fund. It makes all of the important decisions related to the fund. Also called fund promotor or fund sponsor or fund manager.	Fund Manager; Fund Sponsor.
160	Fund Manager	The party that sets up the fund, decides the investment strategy, appoints the agents, and is responsible for the promotion and the marketing of the fund. It makes all of the important decisions related to the fund. Also called fund promotor or fund sponsor. This is a dupliucate of Fund Management Company at the moment	Fund Management Company.
162	identified as	The company which fulfils the role of Fund Manager. This is a specialist firm which specializes in fund management.
163	Fund Order Desk	The Fund Order Desk is a party to the Fund Order Desk Account.
165	identity	Identity of the entity which is the Fund Order Desk. This is a Business Organization.
166	Fund Order Desk Physical Form Document	A phsyical form obtained through the main fund order desk.
168	Fund Portfolio	An account containing a number of financial instruments along with cash positions in one or more currencies and belonging to a Fund
170	incurs	Tax payable by the portfolio.
171	holds	Portfolio holds a balance of cash.
172	has strategy
173	assessed against
174	managed by	The person or entity responsible for day to day investment decisions for the fund.
175	has policy	The policy for investment of assets in the fund. Further Notes Known as Strategy in ISO FIBIM model. Semantics is vague. Could also assume this is the management strategy followed ("rough allocation" by the FM to achieve the stated aims in the Prospectus i.e. the advertised investment strategy. Or it could be both. Modeled as Policy i.e. what the Fund Manager will invest in, in terms of minimum or maximum amounts or percentages of the portfolio in a number of asset constraints e.g. market, rating, currency, instrument class.
176	holds	Asset that is contained in the portfolio.
177	incurs transaction fee	Transaction Fees incurred by the Fund Portfolio.
178	has	A fund portfolio has a given liquidity. This is defined as an asset.
179	Fund Portfolio Investment Limitations	Detailed Policy on approximately how the portfolio is to be allocated to achieve the stated investment goals. This underpins the detailed strategy of how to achieve this.
181	Inclusion	Whether the referred strategy is included. No means this description refers to the exclusion of what is described, from the portfolio.
182	Minimum Investment Amount	Minimum amount that has to be invested in the specified strategy.
183	Minimum Investment Percentage	Minimum percentage that has to be invested in the specified strategy.
184	Maximum Investment Amount	Maximum amount that may be invested in the specified strategy.
185	Maximum Investment Percentage	Maximum percentage that may be invested in the specified strategy.
186	Fund Portfolio Investment Policy	Intended allocation of the portfolio to meet the stated investment strategy and goals.
188	constrains	The policy, including approximate limitations on what to invest in, will constrain the detailed day to day strategy pursued by the Fund Manager to achieve the stated objectives.
189	defines allocations	Investment limits and guidelines for the Portfolio, defined or implied by the Fund Portfolio Investment Policy.
190	Name	Name given to the defined strategy.
191	Description	The manner in which the manager tries to reach the funds objectives
192	Effective Period	Period during which the investment guideline is valid.
193	Fund Processing Form	The form of documentation or control mechanism required for some funds processing activity.
195	may be	A phsyical form obtained through the main fund order desk.
196	Physical Document Required	Whether a phsyical form is required through the main fund order desk. Yes: A phsyical form is required through the main fund order desk. No: A phsyical form is not required through the main fund order desk.
197	Signature Required	Whether a phsyical form with the investor's written signature is required through the main fund order desk. Yes:A phsyical form with the investor's written signature is required through the main fund order desk.
198	Fund Processing General Terms	Formal terms for general processing of the fund. These set out what the investor and the fund may or may not do.
200	Holding Transferable	Whether registered investors are able to transfer some or all of their holdings to third parties.
201	Back End Load Applicable	Whether an exit charge, eg, CDSC, on redemption orders for this class can be applied.
202	Switching Chargeable	Whether a switching charge for changing between sub-funds of the same umbrella can be applied.
203	Minimum Remaining Holding Amount	Minimum value of units/shares that must be retained to avoid automatic redemption.
204	Minimum Remaining Holding Units	Minimum number of units/shares that must be retained to avoid automatic redemption.
205	Authorized Country	Country in which it is authorised to commercialise the fund.
206	Dual Fund	Whether the fund has two prices.
207	Allowed Investor Type	Type of investor that can invest in the fund class.
208	Minimum Holding Period	Period, in days, during which the units/shares must be held following their issue before redemption will be permitted.
209	Fund Processing Terms	Formal terms for processing of the fund. These set out what the investor and the fund may or may not do. These include terms for redemption and subscription processing as well as general processing terms. ISO FIBIM definition: Processing characteristics linked to the instrument, ie, not to the market.
211	has default settlement convention	The default settlement terms for units in the fund and for redemption of fund units.
212	defines main fund order desk account	The account used specifically in the processing of funds, as referenced in various terms for fund pricessing characteristics.
213	Processing Country	Country in which the processing characteristic applies.
214	Effective Date	Date/time as from which the processing characteristic is valid.
215	Dealing Frequency Description	Description of frequency at which the subscriptions and redemptions are done.
216	Main Fund Order Desk	Whether the fund order desk is the principal entity appointed by the fund to which orders should be submitted.
217	Decimal Place Rounding	Number of decimal places to which quantities of units/shares are rounded.
218	Fund Promoter	An entity that promotes a fund. May be an investor, pension fund, bank, insurance company or management company
220	Fund Prospectus	The Prospectus for the Fund. This is a document made available publicly for potential investors. It will include facts about the fund investment objective, investment focus and other details of the fund. Some of this information becomes binding on the fund once it is issued, while other information is guidelines only.
222	outlines	The stated objective of the fund, in detail.
223	anticipates
224	Stated Management Fee	The fee that is stated in the Prospectus as being what is to be charged for management.
225	Stated Distribution Fee
226	Anticipated Volatility
227	Stated objective	The stated objective of the fund, in words.
228	Fund Redemption Terms	Formal terms for redemption of units in the fund. These set out what the investor and the fund may or may not do.
230	Redemption Cutoff Date Time	Last date/time at which an order to redeem can be given.
231	Redemption In Amount Allowed	Whether redemptions in amount are allowed.
232	Redemption Dealing Frequency	Frequency at which the redemptions are done.
233	Redemption Form	Physical written instruction/renunciation form for redemption of units/shares by the investor.
234	Maximum Redemption Units	Maximum number of shares/units that may be redeemed on a single dealing day.
235	Maximum Redemption Amount	Maximum quantity of securities, expressed as an amount that can be sold.
236	Maximum Redemption Percentage	Maximum quantity of securities, expressed as a percentage that can be sold.
237	Additional Redemption Restrictions	Any other restrictions that may limit an investor's ability to redeem. Valid entries are "Refer to Fund Order Desk", where such restrictions exist, or "Not Applicable".
238	Redemption Period	Specific period, eg, for some guaranteed funds, during which the units/shares may be redeemed.
239	Fund Reinvestment Policy	Terms for the expected reinvestment of profits on fund units.
241	Distribution With Reinvestment	It is possible to hold shares for which the accrued income is distributed, but then reinvested automatically in additional units/shares allocated to the investor.
242	Reinvestment Frequency	For units where there is Reinvestment distribution, the frequency with which the reinvestment takes place (this will be the same or less frequently than the Dividend Payment Frequency), otherwise this fact does not apply.
243	Fund Reporting Terms	Terms describing the accounting methods and reporting arrangements used by the fund.
245	End Of Fiscal Year	Day and month on any given year at which the books are closed and profit and loss is determined.
246	First Accounting Year End Date	Last day of the first accounting year for the fund.
247	Accounting Year End Date	Last day of the accounting year for the fund.
248	Accounting Reporting Frequency
249	Fund Share Class Unit	The legal structure in which you can purchase part of an investment pool, defined by a variety of characteristics like investor type, minimum size of investment, distribution type, fee and currency. A fund unit which gives the holder an equity stake in the fund.
251	Classified as Equity
252	has distribution policy	Income policy relating to the unit, e.g. if income is paid out or retained in the fund and how this is treated.
253	confers ownership of
254	has expected dividend	Expected distributions of dividends. A dividend paid out to holders of the Fund Share Class Unit.
255	Limited Shares Are Issued	Whether or not new shares can be issued in the fund. This is what makes it a closed end or open end fund.
256	Inception Date	Authorization date in the country of origin. Further Notes See definition in Inception Date for Fund. Separate fact exists here. Same definition used. EFAMA Review notes: Inception Date exists as soon as there is a prospectus, so it is a fact about a Share Class even if the share class is never formally issued or offered to the public. Legal structure exists even if something is not launched. Editor question: Review stated this was a fact about Share Class; confirm this fact does not apply to Bond and Note units, or was the term Share Class being used to mean all three? Meanwhile I have put the term "Issue Date" as a fact about all Fund Unit, as this is given a sa separate term in the EFAMA DD spreadsheet. MAy come clearer in the next version of that.
257	Fund Share Class Unit Dividend	Expected dividend payment from a Fund Unit. REVIEW: Does this apply to the Fund as a whole or to a unit in the fund? This term will be redefined following the Funds model restructuring
259	has policy terms	Terms for the expected distributions of dividends.
260	Fund Subscription Terms	Subscription terms for the fund.
262	relate to	The fund units to which these subscription terms apply. These are the individual class of units that may be subscribed to under the subscription terms set out herein.
263	Minimum Initial Subscription Units	Minimum initial number of units/shares that must be purchased.
264	Minimum Initial Subscription Amount	Minimum initial subscription value.
265	Minimum Subscription Units	Minimum number of units/shares that must be purchased by existing investors.
266	Minimum Subscription Amount	Minimum subscription value for existing investors.
267	Initial Application Form	Physical application form for the initial subscription by the investor.
268	Subsequent Application Form	Physical application form for subsequent investments by the same investor.
269	Front End Load Applicable	Whether a front end charge on subscription orders for this class can be applied.
270	Subscription Cutoff Date Time	Last date/time at which an order to subscribe can be given.
271	Subscriptions In Amount Allowed	Whether subscriptions in amount are allowed.
272	Subscription Dealing Frequency	Frequency at which the subscriptions are done.
273	Subscription Period	Specific period, eg, for some guaranteed funds, during which the units/shares may be subscribed to.
274	Purchasing Fee	Actual percentage or fixed amount of money due when purchasing fund shares
275	Maximum Purchasing Fee	Maximum percentage or fixed amount of money due when purchasing fund shares
276	Switching Fee	Actual percentage or fixed amount of money due when switching to another fund.
277	Redemption Fee	Actual percentage or fixed amount of money due when redeeming fund shares
278	Maximum Redemption Fee	Maximum percentage or fixed amount of money due when redeeming fund shares
279	Performance Fee	Fees paid for the achivements of predefined outperformance objectives
280	Fund Supervisory Authority	The legal entity which supervises the fund or fund industry
282	identified as	The legal entity which is the fund supervisory authority.
283	Fund Transfer Agent	An entity that undertakes the execution of subscription, redemption and switch orders on behalf of a fund.
285	Fund Unit	A unit in a fund, which may be traded and is a contract between the fund and the holder of that unit.
287	incurs fees	Fees payable in relation to the unit.
288	identifier	Identification of the Fund Unit by way of some identification code.
289	has identifier	Identification of the Fund Unit by way of the International Securities Identification Number (ISIN).
290	has terms	Terms relating specifically to the redemption of these units in the fund.
291	has performance	Performance is a measure of the Fund Unit.
292	incurs tax	Tax payable in relation to the unit.
293	denomination currency	Denomination Currency of the fund - Currency in which a fund unit is issued or redenominated.
294	legally recorded in	The jurisdiction in which the fund unit is legally recorded for regulatory purposes.
295	has price	The price of the Fund Unit.
296	has details	Information on the net asset value calculation of the investment fund component.
297	has terms	Terms relating specifically to the holding of these units in the fund.
298	Issue Price	The price at which the Fund Unit was first issued.
299	Fund Class Type Identifier	A textual identification of the class of fund units. This is used to uniquely identify a particular class of fund units, and thereby identify features of this type of unit within the fund.
300	Issue Date	Date of first NAV calculation and start of performance calculations (same as launch date)
301	Fund Unit Distribution Policy	Income policy relating to the unit, e.g. if income is paid out or retained in the fund and how this is treated, including distribution policy details for dividends and coupons.
303	Distribution With Reinvestment	It is possible to hold shares for which the accrued income is distributed, but then reinvested automatically in additional units/shares allocated to the investor.
304	Fund Unit distribution Policy	Income policy relating to a class type, ie, if income is paid out or retained in the fund.
305	Fund Unit Holding	A holding of a unit in another fund.
307	consists of	Holding is of shares or units in other funds.
308	Fund Units Settlement Terms Convention	Default settlement terms which may apply to a fund, trading of for units in the fund and for redemption of fund units.
310	Settlement Period In Business Days	The last business day following the day on which a subscription order is priced (T) by which settlement will be due for orders placed with the main Fund Order Desk, eg. T+3.
311	Clear Funds Required	Whether cleared funds may be required before a subscription order can be executed.
312	Redemption Cycle In Business Days	The last business day following the day on which a redemption order is priced (T) by which settlement will be due for orders placed with the main Fund Order Desk. Alternatively, if proceeds will be paid following receipt of written renunciation, the last business day following receipt of the relevant renunciation documentation by the main Fund Order Desk (R) by which the proceeds will be sent.
313	Funds Processing	The context of managing and processing funds, issuing funds units etc. This is the context in which the different parties involved in a fund are defined as parties.
315	party role
316	Funds Processing Account	An account used specifically in the processing of funds. Like all accounts this is (per FIBIM definition) a business relationship between two entities; one entity is the account owner, the other entity is the account servicer. Please refer to Financial global model for treatment of accounts relationships in this model.
318	provided by
319	Funds Processing Party	A party involved in the processing of funds in some way.
321	Funds Processing Passport	The Funds Processing Passport. This is defined as a document. This has terms drawn from elsewhere in the model which are defined as part of the FPP for reasons defined in the FPP descriptions.
323	has information about	Funds Processing Passport relates to processing of Fund Unit
324	may be defined in	FPP information may be contained in Funds Prospectus.
325	may set out	Terms defined for the Fund which are defined as part of the FPP for reasons defined in the FPP descriptions.
326	Hedge Fund	Definition needed Review notes (EFAMA?) Also only closed ended according to regulations. This is not always a kind of closed fund.
328	Investment Advisor	The party that provides investment guidance at a fee.
330	identified as
331	Jurisdiction Strategy	Strategy which is jurisdiction based.
333	identifies	The Jurisdiction identified in the strategy.
334	Liquidity	Precise definition needed for liquidity, and check that it is modeled accordingly.
336	denominated in	The currency in which the liquidity is expressed.
337	Net Asset Value Calculation Method	Parameters for the calculation of the net asset value for an investment fund/fund class.
339	is calculated in	The currency of the net asset value calculation.
340	Valuation Frequency	Frequency of the net asset value calculation.
341	Declaration Channel	Means of the net asset value publication, eg, a newspaper.
342	Valuation Frequency Textual Description	Description of the frequency of the net asset value calculation.
343	Historic Pricing Indicator	Indicates whether the price is historic or forward.
344	Note Fund Unit	Need a legal definition - to follow. This is one of the mechanisms by which an investor may hold an interest in a fund, but is not a Bond or a Share.
346	Note Stake In Fund	A stake held in a fund by way of a note.
348	defines relationship with	The relationship with the legal entity which embodies the fund, implied or defined by a note-based stake in the fund.
349	ONE OF Funds SPV OR Joint Stock Company OR Incorporated Company OR Contract	One of the following: A Funds Special Purpose Vehicle, a Joint Stock Company or an Incorporated Company; or for a fund that is constitued under the law of contract, the contract that embodies the fund legal constitution.
350	selection	The fund legal form is a joint stock company
351	selection	The fund legal form is a contract.
352	selection	The fund legal form is a special purpose vehicle.
353	selection	The fund legal form is an incorporated company
354	Organization Strategy	Strategy which is organization based.
356	Other Investment Fund Information	Things which are not part of the prospectus but are important if you want to understand the fund.
358	Performance Determination Method	A method for performance determination (e.g. Time weighted and money weighted, annualized, gross of fee) aling with the time frame in which this is determined.
360	Performance Determination Timeframe	The timeframe on which the performance is reported (e.g. 1month, 1 year, YTD).
361	Performance Determination Method	The definition of the performance method (e.g. Time weighted and money weighted, annualized, gross of fee).
362	Portfolio Benchmark	Security or other price against which the performance of the portfolio is evaluated.
364	defines benchmark	The reference index to measure the fund performance.
365	applies to
366	Benchmark Weight	Instrument weighting in the benchmark for the portfolio.
367	Maximum Deviation	Maximum allowable deviation from the benchmark.
368	Minimum Deviation	Minimum allowable deviation from the benchmark.
369	Effective Period	Period during which the instrument is used as a benchmark for the portfolio.
370	Description	Description of the benchmark used to determine the performance of a portfolio.
371	Portfolio Investment Strategy	The manner in which the portfolio manager tries to reach the funds objectives.	Policy Description.
373	to fulfil
374	Investment Focus	The information about the area the fund is mostly invested into (for example stock market in Germany).
375	Portfolio Manager	Person or entity responsible for day to day investment decisions for a fund or asset.
377	has contact details	The contact details for the Portfolio Manager with the organisation that he or she works for.
378	is part of	The business organization for which the Portfolio Manager works is the Fund Management Company.
379	Preferred share in fund	A share unit in a fund, which is classified as a Preferred Share class.
382	Private Equity Holding	A holding of private equity.
384	consists of
385	Sector Strategy	Strategy which is sector based.
387	Stake In Fund	The holding of some portion in a fund, by some party. This stake will generally tak ethe form of some sort of unit in that fund.
389	defines relationship with	The relationship with the legal entity which embodies the fund, implied or defined by a stake in the fund.
390	gives ownership of	The fund in which the stake is held.
391	identified as	The form which the Stake takes, i.e. a physical instrument (contract) setting out the rights and cashflows due to the holder. This may be an equity unit, bond unit or some other form of note.
392	Sub Fund	A set of share classes is a compartment of an umbrella fund. In this case, subfund is a synonym of investment fund and therefore has the same attributes as investment fund.
394	supervised by	The legal entity which supervises the fund or fund industry (for a subfund located in a different country)
395	is part of	Investment fund(s) is/are a subfund of an umbrella fund.
396	Sub Fund	The investment fund is a subfund, when it is a compartment of an umbrella fund. In this case, subfund is a synonym of investment fund and therefore has the same attributes as investment fund.
397	Subfund Supervisory Authority	The legal entity which supervises the fund or fund industry(for a subfund located in a different country)
399	Umbrella Fund	Fund structure which has one or more investment pools.
401	consists of	Umbrella Fund has a subfund which is an Investment Fund.	subfund when part of Umbrella
402	Unit Issuer	The party which issues the Fund Unit.
404	identified as	The legal entity which is the issuer of units in the fund
405	issues	A fund unit issued by the Fund Issuer.
406	ISIN :Security Identifier	An identifier defined under the ISO 6166 standard.
407	type of	ISIN is an individual type of Security Identifier.

Table of Terms